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Overall Assessment |
Comment |
Score |
Moderate |
Samsung E&A provides a moderate level of transparency about its climate-related lobbying. It names two concrete Korean policies it has engaged on—the "GHG Target Management System" and the "Emissions Trading System"—and explains how the construction sector is covered under each measure. The company also discloses the channel through which it lobbies, stating that it maintains "continuous communication with construction industry policymakers, related associations, or the person in charge of the Korea Real Estate Agency," an agency under the Ministry of Land, Infrastructure and Transport, thereby identifying both its method of engagement and the governmental targets involved, albeit without detailing additional mechanisms such as written submissions or testimony. Finally, it is explicit about what it wants to achieve, seeking "minimizing legal and regulatory risks for Samsung Engineering," "ensuring faithful implementation of the system," and offering "support for the policies without exceptions" to stay in line with "the Paris Agreement." Together, these disclosures outline the basic scope, channels, and objectives of the company’s lobbying, but leave some gaps in the breadth of mechanisms described.
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2
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Overall Assessment |
Comment |
Score |
None |
Samsung E&A Co Ltd focuses extensively on climate strategy and risk management, but the company does not disclose any governance process for its lobbying or policy engagement activities. The firm emphasizes its climate efforts through strategies such as "Beyond EPC: Green Solution for Net Zero" and notes that "climate change risks are monitored and managed through the ESG Working Group, and major issues are discussed with the ESG Working Group composed of executives on a quarterly basis." It highlights that "The CEO is responsible for enterprise-wide environmental management and oversees the company's response to climate change" and describes how the Environmental Management Group ensures the adequacy of its GHG emissions performance through "verification by a third-party external organization for GHG emissions Scopes 1, 2, and 3 calculated using the 'IPCC Guidelines for National Greenhouse Gas Inventories, 2006' every year." However, the company does not disclose any mechanisms to ensure alignment of its direct or indirect lobbying activities with its climate commitments, nor does it identify any individual or committee overseeing such engagement in policy or trade association contexts.
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0
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